Elon Musk lost nearly $6 billion in one day as Tesla sank 17% - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Elon Musk lost nearly $6 billion in one day as Tesla sank 17%

the stock to "hold" from "buy," signaling that the end of the run might be near.

A number of short-sellers also weighed in on the stock's rise, which many said was disconnected from fundamentals. On Wednesday, Steve Eisman of "Big Short" fame said that he exited his Tesla short position "a while ago," as everyone has "On the flip side, some short-sellers are digging in their heels.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

On paper yes. Don't make a big deal out of it.

Such pointless articles.... Yeah we get it. He holds a lot of stock so it effects his total net worth. Who fucking cares. Go back to publishing Jeff’s daily swings and be done with it

it's ok, he still has $37.1 billion left

He lost nothing if the shares were not sold. 🤷‍♂️

Ouch!!😖😖

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk is hiring at SpaceX, which is hosting a career day Thursday - Business InsiderElon Musk is looking to hire engineers, supervisors, and technicians for his rocket company's Starship project.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Robinhood trader made 1,300% return from Tesla stock rally - Business InsiderThe amateur investor claims he turned $5,000 into more than $130,000 in less than a month, thanks to soaring shares of Tesla. ama_kusi Theron_Mohamed Elsie78707596 Theron_Mohamed SEC_Enforcement How much have you looked into the /r/wallstreetbets community and culture? There's an active effort there to collude and manipulate share prices. The community has grown to almost a million subscribers.
Source: BusinessInsider - 🏆 729. / 51 Read more »